2003 By the Numbers

2003 Annual Report: Operations Statistics

6.7 billion ACH (Automated Clearing House) payments worth approximately $16.8 trillion. FedACH is a nationwide system, built and operated by Minneapolis staff on behalf of the entire Federal Reserve System, that provides the electronic exchange of debits and credits.

1.0 billion checks worth approximately $890 billion. The Minneapolis office is one of the largest check processing centers in the Federal Reserve System.

$10.8 billion of excess currency received from financial institutions, destroyed $1.4 billion of worn and torn currency and shipped $11.2 billion of currency to financial institutions.

1.2 million savings bond purchase requests and over 142,000 savings bond servicing transactions, and answered more than 288,000 savings bond customer service calls, as one of five savings bond processing centers in the Federal Reserve System.